To strategically profile the key players and comprehensively analyze their market shares and core competencies

Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global industrial hydrogen peroxide market and to estimate the sizes of various other dependent submarkets in the overall industrial hydrogen peroxide market. The research study involved the extensive use of secondary sources, directories, and databases such as, Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the global industrial hydrogen peroxide market.

The supply chain of the industrial hydrogen peroxide market starts with the sourcing of basic raw materials, manufacturing and supplying to intermediate product manufacturers, and ends with use in the various end-use applications. 2-ethyl anthraquinone is the main raw material for the production of hydrogen peroxide. Hydrogen peroxide is mostly produced by anthraquinone auto-oxidation process. Some of the main players in the market include, AkzoNobel N.V. (Netherlands), BASF SE (Germany), The Dow Chemical Company (U.S.), Solvay SA (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (U.S.), Kemira Oyj (Finland), Arkema SA (France), Merck Group (Germany), and Mitsubishi Gas Chemical Company, Inc. (Japan).

Key Target Audience:

Hydrogen peroxide manufacturing companies

Traders, distributors, and retailers

Raw material suppliers

Commercial R&D institutes

Research institutes, trade associations, and government agencies

Scope of the Report:

This research report categorizes the global industrial hydrogen peroxide market on the basis of function, end-use industry, and region.

On the basis of Function:

Bleaching

Oxidizing

Sterilizing/Disinfecting

Propulsion

Others (Etching, Cleaning and Extraction)

On the basis of End-Use Industry:

Pulp & Paper

Chemical Synthesis

Healthcare & Personal Care

Food Processing

Textile

Water & Wastewater Treatment

Electronics & Semiconductor

Others (Mining and Metallurgy, Transportation, and Recycling)

On the basis of Region:

Asia-Pacific

North America

South America

Middle East & Africa

Europe

The market is further analyzed for the key countries in each of these regions.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:

The pulp & paper industry accounted for the largest share of the overall industrial hydrogen peroxide market and is expected to continue to do so throughout the forecast period. Industrial hydrogen peroxide is used for bleaching of pulp & paper, as it increases the brightness levels, improves brightness stability and reduces manufacturing cost. In addition to this, it is environment friendly.

Companies are investing in expansions of their production capacities to increase their market shares and cater to the increasing demand for industrial hydrogen peroxide. BASF SE, Solvay SA, and SK chemicals jointly invested in a production plant based in South Korea to build a hydrogen peroxide-to-propylene oxide facility.

Growth in the pulp & paper and textile industries has increased the demand for industrial hydrogen peroxide. The Asia-Pacific region accounts for the largest share of the global industrial hydrogen peroxide market and is also the fastest-growing market. China is expected to account for the largest share in the Asia-Pacific region till 2026 and has registered the fastest growth rate for the forecast period. Germany is the largest market for industrial hydrogen peroxide in Europe. Major producers of industrial hydrogen peroxide such as, BASF SE (Germany), Evonik Industries AG (Germany), and Merck Group (Germany) are located in Germany.

Exposure of the eyes to concentrations of 5% or more industrial hydrogen peroxide can result in permanent loss of vision, while skin exposure causes painful blisters, burns and skin whitening. These are the restraints in the global industrial hydrogen peroxide market. However, industrial hydrogen peroxide is preferred over other chemicals, as it is environment friendly and reduces manufacturing cost, as it is the only one chemical that is required.